Unlike some other parts of the United States, such as Dallas or New York and most famously Beverly Hills the high end luxury real estate market tends to hover around the $3M to $5M mark.

These home are often described as estate homes and typically they are found on a minimum of 5 acres or in exclusive gated communities. Nashville itself does tend to have homes in that price range with slightly less acreage in the slightly older areas of Nashville such as Belle Meade, Green Hills, West End etc.

Nashville TN Luxury Homes

This link will show you the homes that are currently for sale in Nashville in the $3-$5M price range. Even though this article is being written at the end of July 2010, it will always show the actual homes for sale when ever you are

The Greater Nashville Association of Realtors (GNAR) recently announed that home sales for the month of June 2010 were up 15.5% to 2,416 closings compared to June 2009 (2,091). For the second quarter 2010, closings increased 24.7% over the same period in 2009, from 5,478 closings to 6,831. Following a similar pattern, the mid-year results for 2010 showed a jump of 19.3% in closings vs. the first 6 months of 2009 (11,023 closings from 9,240).

Single Family Home Sales Statistics for June 2010

I was invited by Scott McIntosh of MusikPitch (a new start up company for generating original music for businesses and individuals) to see a presentation about improving your presentations by Scotty Schwertly. His company is based in Nashville and recently moved here and has helped fuel the recent growth in tech related businesses based in Nashville. His company is called www.Ethos3.com and I would highly recommend going to see his presentation if you get the opportunity. It's definitely an eye opener and a great way to approach and revise your own presentations.

ESpaces.com in Nashville TN

The venue for the event was at a new concept for the business world called ESpaces, which really brings the concept of the virtual business world up to date with

Cool Springs is one of those areas that is part of the Nashville locals library of places to live and work as well as spend most of the weekend shopping, but try to find it on a map or search for homes using "Cool Springs" as the city name and you are going to be out of luck.

Cool Springs is an area that is really part of Brentwood and Franklin. It's well know to residents of the Nashville area as the home to Cool Springs Galleria which is the local shopping attraction for the Brentwood/Franklin area. There are alos some residential homes for sale in the immeadiate area, which are known either as Franklin or Brentwood, which is how they are listed in the MLS, but locals would say they are in Cool Springs.

Perhaps the best way to overcome this virtual

Residential Statistics

The table below shows you the statistics for all the homes listed for sale in Nashville since Monday the 19th to today the 22nd of July 2010

You can see that there is

When you have a team of 19 top real estate agents that are all very busy with showing homes to clients and offers to write as well as listing new homes to actually get all the team together for a photo shoot is nigh on impossible!

Today we managed to get 17 of TAREG's realtors together for a new team picture at Fairvue Plantation in Gallatin TN. Armando Snmiguel of Brand Mortgage also made the shoot so we had only two team members missing..one due to a pre planned vacation and the other due to a client wanting to reschedule at the last minute.

The pictures were taken by Danny Myers, a professional photographer from Gallatin but we also had Scott McIntosh take some behind the scenes pictures too. 

If you click HERE you can see the "behind the scenes"

Today was an great example of how a well thought out and organized listing presentation can educate someone that their house is now worth a little less that it was in the previous real estate market climate and that as a seller, you have to go the extra mile to impress the current home buyers.

The listing presentation prepared by TAREG of RE/MAX Elite Realtor, Jonny Lee, clearly showed to the seller that the market for homes in the Hendersonville area is now, more than ever, a buyers market and that to be considered as a potential home for any buyers the home has to presented in the best possible light to maximise all the great features that were found in the home.

It really all comes down to putting yourself in the shoes of the home buyer and looking

There were 2,416 homes sold in the month of June, according to figures provided by the Greater Nashville Association of REALTORS®.  This is a figure that is up 15.5 percent compared to the results for sales in June 2009 of 2,09.

The 2nd quarter numbers are also up showing an invrease of just under 25% which equates to  6,831 closings compared to the precious period last year which had 5,478 closings. 

The actual closings from January 2010 to the end of June 2010 in the Greater Nashville area show an increase of 19.3 percent with equals 11,023  as compared to 9,240 closings for the same period last year.

“The current home sales data for Greater Nashville and Middle Tennessee show encouraging signs for our market,” said GNAR*

Important information on condominium requirements.

Investors are now requiring condo purchases to carry both building insurance (usually covered by the HOA) and content insurance.  It is called an HO6 policy or better known as a renter’s insurance policy.

The reason for this is, the insurance provided by the HOA will only replace the unit to its original quality per specifications.  It WILL NOT cover any upgrades (such as hard wood floors, granite counter tops, etc) that the owner may have added or may add at a later date. 

Renter’s insurance can run anywhere from $25 to $75 a month (or more) depending on the personal property the individual has.

The good news is most people get this anyways because they want their furniture,